Alpine Ridge Funding Closes $2.5 Million Factoring Facility

Alpine Ridge Funding has provided a $2.5 Million Factoring Facility for a Healthcare Service Provider based in Georgia. The Company was seeking a new lender to support their ongoing working capital needs. Alpine Ridge Funding was able to offer a higher advance rate and longer availability than their existing lender. Alpine Ridge Funding was able to provide the facility they needed to support the current working capital needs and the anticipated growth of the Company.

About Alpine Ridge Funding

Alpine Ridge Funding is a fast, flexible, and customer-supportive receivables financing provider for businesses in a broad array of industries that need working capital for a variety of reasons.  Alpine offers factoring facilities ranging in size from $50,000 to $30 million for businesses across the US and Canada.  The only asset required is receivables.  Alpine's focus is to provide the reliable funding that owners and management teams need to solidify and grow their businesses.  Alpine Ridge Funding is affiliated with Mountain Ridge Capital, a nimble and innovative provider of customized asset-based loans for middle-market businesses.  Together, Alpine Ridge Funding and Mountain Ridge Capital offer reliable, customized, flexible working-capital solutions at many points in a business’s lifecycle. See Alpine Ridge Funding for more information.